Elizabeth Warren “Forgot” To Disclose $1.3 Million Line Of Credit

Elizabeth Warren “Forgot” To Disclose $1.3 Million Line Of Credit

PhotoCredit: Flicker

According to Washington Free Beacon, Sen. Elizabeth Warren didn’t disclose a $1.3 million line of credit from her Bank of America.

Warren insisted that financial disclosures are necessary to ‘reveal potentially damaging information that may undermine fitness to serve’ and that people with ‘complex financial histories’ should to be ‘forthcoming and transparent.’ However, Warren never mentioned the line of credit she took out against her Cambridge, Massachusetts, home.

“Another example of this shady lady in action — she claims to fight for the downtrodden, but checks the box to claim minority status, takes zero-interest loans from Harvard to buy her mansion, says in 2012 that she doesn’t own stocks, only mutual funds, claims to be the ‘intellectual mother’ of the Occupy movement until it turns into a PR disaster — is anyone suprised by this latest?” right-wing Boston talk radio king Howie Carr said.

“Surely not Bernie Sanders, whom she refused to endorse!” Carr notes.

“According to a new WBUR poll, only 44 percent [of Massachusetts voters] think Warren ‘deserves reelection.’ Forty-six percent think voters ought to ‘give someone else a chance,’ ” WBUR reported.

“From the right, a fresh barrage of stories broke this week about the mysterious $1.3 million line of credit on her Cambridge home, a development first reported by the Boston Herald in 2015. For two years in a row, Warren failed to list it on the financial disclosure form all senators complete each year,” said Colin Reed, executive director of American Rising, a Republican Super PAC:

The purpose of the line of credit remains murky, and Warren’s staff claims she is not required by law to report it. But that hasn’t stopped the Massachusetts Democrat from hypocritically demanding the highest levels of ethics from President Trump’s Cabinet appointees. Writing in The Washington Post last week, Warren declared, “It is critical that each nominee follows basic ethics rules to ensure that they will act for the benefit of all the American people.”